Currency trading is next big thing in India: Veracity Financial Service Ltd

AHMEDABAD: Veracity Financial Service Ltd, a broking firm dealing in currency deriavities and equity trading, today opened its new office here.

"The upcoming product in the Indian markets is currency trading. Currency trading is the next big thing," Veracity Director Pramit Bhrambhatt said here. Veracity serves as a broker for currency derivatives and equity markets trading and offers both online and offline trading in the currency and equity segment.

"In the next two years trading of currency will higher than commodity and in the next five years it is expected that it will be equal to equity," Bhrambhatt said.Ahmedabad-based Veracity, through its subsidiaries, has a pan-India presence. It offers a range of financial solutions and web-based services.